Monitoring and Evaluating UK international Climate Finance
Transcript of Monitoring and Evaluating UK international Climate Finance
OFFICIAL
Monitoring and Evaluating UK international Climate Finance
May 2019
OFFICIAL
UK International Climate Finance (ICF)
£5.8bn of ICF between 2016-20, aiming for an
even split between mitigation and adaptation.
30 live programmes funded by BEIS, focussing
upon mitigation through
• Accelerating decarbonisation
• Making markets work
• Forests and land use
6 Energy Efficiency
investments but
generally a growing
focus
2
OFFICIAL
Rationale
Objectives
Appraisal of options
Monitoring
Evaluation
Feedback
1. Provide challenge at
Business Case stage
• Purpose & objectives
• Use of evidence &
learning
• M&E Plan
2. Facilitate monitoring and
reporting frameworks
• Logframes
• Key Performance
Indicators
3. Approve/advise on
M&E related documents
• Annual reviews
• Results notes
• Logframe updates
6. Capturing and
institutionalising
learning and
evidence
4. Set up evaluations
• Lead/assist procurement
• Participate on wider
steering groups
5. Provide/synthesise
evidence & learning to
improve programme
design, delivery & impact
• Independent evaluation
• Other programmes
• External evidence
3
OFFICIAL
ICF Key Performance Indicators (KPIs)
4
OFFICIAL
ICF Key Performance Indicators (KPIs)
5
OFFICIAL
ICF Key Performance Indicators (KPIs)
6
OFFICIAL
Portfolio-level Results
7
OFFICIAL
Market Accelerator for Green Construction
• 7+ developing countries from pool of 23.
• Delivered by International Finance Corporation (IFC) through c.20 local financial intermediaries.
• £80m To mobilise public and private finance for construction of new green buildings.
• £25m Technical Support to develop policy, standards, lending products.
• £1m Independent Evaluation.
8
OFFICIAL
9
OFFICIAL
EDGE certification approach
10
OFFICIAL
Rationale
Objectives
Appraisal of options
Monitoring
Evaluation
Feedback
1. Provide challenge at
Business Case stage
• Purpose & objectives
• Use of evidence &
learning
• M&E Plan
11
OFFICIAL
12
OFFICIAL
Assumptions Identified
• Market transformation: the new building ecosystem is complex and large, requiring careful assessment of the context at the country-level in terms existing barriers and drivers
• Additionality: Concessional finance may not be required, potentially distorting the market
• Performance Gap: The difference between projected and actual building performance could impact on emission reductions achieved and the reputation of the approach.
13
OFFICIAL
Performance Gap
Occupancy Stewardship Technology
Performance Construction Procurement Design
14
OFFICIAL
Performance Gap
Occupancy Stewardship Technology
Performance Construction Procurement Design
15
OFFICIAL
Rationale
Objectives
Appraisal of options
Monitoring
Evaluation
Feedback
2. Facilitate monitoring and
reporting frameworks
• Logframes
• Key Performance
Indicators
3. Approve/advise on
M&E related programme
documents
• Annual reviews
• Results notes
• Logframe updates
16
OFFICIAL
Indicator Unit of
Measurement
KPI
Volume of UK finance distributed to Financial
Intermediaries, by financial instrument.
$
Total private sector financing provided to MAGC
funded green building projects.
$
Cumulative residential & non-residential floor space
financed by MAGC FIs that received post-design
certification
m2
Energy use expected to be avoided from post design
certified buildings
MWh per year 16
GHG emissions expected to be avoided from post-
design certified buildings
tons CO2 per
year
6
Monitoring indicators
17
OFFICIAL
Rationale
Objectives
Appraisal of options
Monitoring
Evaluation
Feedback
4. Set up evaluations
• Lead/assist procurement
• Participate on wider
steering groups
5. Provide/synthesise
evidence & learning to
improve programme
design, delivery & impact
• Independent evaluation
• Other ICF programmes
• External evidence
6. Capturing &
institutionalising
learning and
evidence
18
OFFICIAL
Evaluation & Research
Objectives
• Assess Delivery
• Test Key Assumptions
• Prove the business case and drive wider uptake
Approach
Gathering evidence from MAGC green building portfolios and other sources to quantify the financial and emissions case for green construction in developing markets
19
OFFICIAL
Building Performance Study – testing assumptions
Occupancy Stewardship Technology
Performance Construction Procurement Design
? ?
?
20
OFFICIAL
Building Performance Study
Certified Green Building ‘Normal’ Control Building
= +
21
OFFICIAL
Building Performance Study
°C Humidity
MW
°C Humidity
MW
22
OFFICIAL
Building Performance Study
°C Humidity
MW
23
OFFICIAL
Building Performance Study - Challenges
24
OFFICIAL
Building Performance Study - Challenges
25
OFFICIAL
Building Performance Study - Challenges
26
OFFICIAL
Building Performance Study - Challenges
X X X X
X
27
OFFICIAL
Key Messages
• Plan M&E early for best results
• Theory of change are a key tool to help identify what should be monitored and what should be evaluated
• Consider all potential uses when choosing indicators
• Use existing, or look to develop, consistent indicators across programmes
• Integrate M&E throughout a programme, particularly if you want to maximise learning
28